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Topic: Bitcoin price is going down. (Read 762 times)

copper member
Activity: 658
Merit: 284
January 02, 2018, 11:56:32 AM
#88
The bitcoin price went down for about two weeks and now is about to shoot itself to the sky again. The price was down for weeks due to the recent market correction but it appears the price has started recovering because it gains about 8% increase in value.
full member
Activity: 230
Merit: 250
January 02, 2018, 04:29:57 AM
#87
Bitcoin quickly rose in price from November 2017. The rate of increase was such that the price increased by $ 3,000 per day. Of course, after such an increase, there was to come a fall and it came. I think after the New Year trade will come alive and bitcoin will start to rise again.

That will mostly happen after the pump of the bitcoin.that is the characteristic of the bitcoin after the hard pump then the dump will follow. Though dont be afraid because mostly it is just temporary it would be stable.for a moment it will not be dumping really hard and loss its value it will never happen .now it is new year the price now is dumping hopefully it will be up soon

It has been in a high price for too long so i guess it is just normal for this price to go this way. We cant really speculate another fork or even huge events like countries joining bitcoin. Their are a lot of factors but those are mainly the simplest explanations. So as a trader it is better to buy at this price because even next week, the price might go again in surge surpassing the 19K highest peak.
hero member
Activity: 798
Merit: 505
January 02, 2018, 04:20:43 AM
#86
Bitcoin quickly rose in price from November 2017. The rate of increase was such that the price increased by $ 3,000 per day. Of course, after such an increase, there was to come a fall and it came. I think after the New Year trade will come alive and bitcoin will start to rise again.

That will mostly happen after the pump of the bitcoin.that is the characteristic of the bitcoin after the hard pump then the dump will follow. Though dont be afraid because mostly it is just temporary it would be stable.for a moment it will not be dumping really hard and loss its value it will never happen .now it is new year the price now is dumping hopefully it will be up soon
full member
Activity: 413
Merit: 100
January 02, 2018, 04:11:58 AM
#85
No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.
Yeah I agree for that., when price decrease it means a lot and full of spectations that would happen when it turns up again can it take high prcie balue or not? But me for sure that price now and then will taking higher as we know that bitcoin is always finding for a better progress and this progress is the part of pricing the value high and low so that it can take ways to come out some time in the market way.
full member
Activity: 339
Merit: 102
January 02, 2018, 03:30:14 AM
#84
I think this has a something related with the coming of Christmas and New Year's day, most people would be more busy themselves for that, and not too busy with bitcoin/other cryptocurrency. But I'm still very sure.. it would bel moving towards higher again, let's see by over time.. if necessary doing a re-buy, it could be add to the chances of earning a more high profits.
May be you are right that due to Christmas the investment ratio decreased and due to which the price too but I am sure that in the next year its price will jump again and may it reach to 30000 dollars till the end of 2018. Let see what happens. If we look overall the market value of bitcoin it is increasing with the passage of time but some time due to unknown reasons the price falls a little bit but nothing to worry.
member
Activity: 170
Merit: 10
December 30, 2017, 02:41:35 PM
#83
Bitcoin quickly rose in price from November 2017. The rate of increase was such that the price increased by $ 3,000 per day. Of course, after such an increase, there was to come a fall and it came. I think after the New Year trade will come alive and bitcoin will start to rise again.
full member
Activity: 1372
Merit: 133
December 30, 2017, 02:16:57 PM
#82
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Bitcoin's value has been fluctuating both sides, and have different reasons why is it so:
Firstly, "quoting" a reply of mine on this thread: Why is bitcoin price so high?

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.

Now, telling you the reasons why it's decreasing:
- Bitcoin's adoption has spiked to an all new level that was never thought of, and there increased the number of such users too who "sell in panic".
- It's holiday season as well as New Year coming, it was obvious that the value was about to shrink.
- The "season of forks" has now stopped.
- Transaction costs increased and speed decreased.
- Finally, value rose 20 times, but if you see it as a drop from that level, it's not even down 50%.
Well, can you be sure that next year Bitcoin will again go to the games? To date, it became clear that the intense surge in the price of Bitcoin was just a confluence of certain circumstances that influenced pricing. But What can we expect in the near future?
legendary
Activity: 3052
Merit: 1273
December 30, 2017, 11:27:44 AM
#81
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Bitcoin's value has been fluctuating both sides, and have different reasons why is it so:
Firstly, "quoting" a reply of mine on this thread: Why is bitcoin price so high?

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.

Now, telling you the reasons why it's decreasing:
- Bitcoin's adoption has spiked to an all new level that was never thought of, and there increased the number of such users too who "sell in panic".
- It's holiday season as well as New Year coming, it was obvious that the value was about to shrink.
- The "season of forks" has now stopped.
- Transaction costs increased and speed decreased.
- Finally, value rose 20 times, but if you see it as a drop from that level, it's not even down 50%.
member
Activity: 266
Merit: 10
December 30, 2017, 08:41:16 AM
#80
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
The reason why bitcoin price was going down because lot of people was affraid to trust and make a transactions such as investment. They affraid because other country has banned and consider as an scam but all of that is a false things that put in thier mind. Since bitcoin price was too high than any other countries whole over the world so that they affraid that it may cover the whole world.stated that they could not trust to bitcoin. Decreasing and increasing was a normal thing but the biggest portion of bitcoin was fall into increasing rather that decreasing.
sr. member
Activity: 336
Merit: 250
December 30, 2017, 06:00:09 AM
#79
If you think that bitcoin will continue decreasing then you are totally wrong . Bitcoin has already surpassed much bigger dumps and is still on a positive progress even tho it has decreased in these past weeks . Bitcoin will certainly achieve higher values and gain more ground in 2018 because we have already seen that it is capable to multiply it's market cap by 20 times . There's a much brighter future than any one thinks for this coin and whoever owned coins before 2017 is already a millionaire .
copper member
Activity: 658
Merit: 284
December 30, 2017, 05:54:47 AM
#78
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Bitcoin price is going down because of what is called the market correction. Whenever the bitcoin price grow to a certain level the correction will come in to balance the market. This is very common in the cryptocurrency ecosystem, so this is not the first time and will never be the last.   
newbie
Activity: 86
Merit: 0
December 29, 2017, 03:23:31 PM
#77
True. price action is fairly complicated unless you use charts to see its historical data and probably you will notice a pattern.
full member
Activity: 476
Merit: 105
December 29, 2017, 03:22:40 PM
#76
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

No need to worry about this. The currency fell, and in a few days it will again jump and surprise everyone else. This system is not so simple, and we will see surprises from it.
newbie
Activity: 138
Merit: 0
December 29, 2017, 10:05:35 AM
#75
It can't go up forever... And those wild differences in rates between exchanges (cex.io - https://cex.io/btc-usd ; bitfinex - https://www.bfxdata.com/orderbooks/btcusd) $1000 gap is crazy. It should have come to a correction sooner or later.
full member
Activity: 397
Merit: 100
December 29, 2017, 01:26:26 AM
#74
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think one of the reason why bitcoin is dropping is because of the fork. But don't you worry. Drop is a part of bitcoin since bitcoin does not have a fix price. If it is not up then it is down.
What are you even saying? The fork that has been cancelled or the fake one that no one cares about which is organized by some group of scammers who  I refer to as assholes and punks. There is no reasonable fork happening and the only reason the market is taking a dip now is because the whales and the scared newbies are cashing out which I see as a huge correction we have all expected and I believe which was fueled by Roger Ver with his BCH pump. I hope he is happy now with his BCH. The market will find its way back at the end.
BCH also face a fall and yeah this is just because of fork and there are no scammers involved in it and many people are saying that scammers did this please for god sake bitcoin is the most secure investment and nobody can get into its system the fall occur just because people want to make profit and many if investors were holding their coins for 4 to five months and they fell safe to sell now because they want to earn big.
legendary
Activity: 1232
Merit: 1091
December 26, 2017, 01:10:11 PM
#73
It is still trying to find its solid new base or support. I wouldn't buy at Bitcoin's current state.

At this point there isn't and won't be such a thing as a solid base aside from the flat $10k level -- as long as we hover above that level we will be just fine. In the meanwhile we will bounce up and down like we have seen happen in the last days. It's a great opportunity for traders to take advantage of these ping pong movements. People should be happy with where we stand right now, especially if you look back at what price we entered this year. It's almost like people don't understand how much growth we have gone through, where they act like spoiled brats when the price goes down while they were strongly believing in a further increase....
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
December 26, 2017, 12:45:24 PM
#72
That took long time back and today the price of bitcoin seems growing high with much stability. Here all that you need to have is patience, the patience will help with the opportunity for  a bigger profit. Very few might have got the opportunity for earning there days.
legendary
Activity: 1554
Merit: 1054
December 26, 2017, 12:40:03 PM
#71

I think bitcoin drops because of the price correction.


You don't say! Who could have imagined Bitcoin would drop because of a price correction.  Roll Eyes Roll Eyes
Well, that is why we called it price correction and not just those little ones that we had after all the insanely huge increase in value. Bitcoin was meant to drop anyway as the whole whales decided to cash out while some who did not really know what they were really investing in, got scared and also cashed out as well. Bitcoin will still increase later on and start testing back the previous top soon.
full member
Activity: 658
Merit: 106
December 26, 2017, 03:44:02 AM
#70
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

it is always go up and down this is normally Economics session.

don’t be worry bitcoin stronger than died

Yes, it's normal bitcoin always go up's and down that's why you don't be worry of the price because i know when this year 2018 comes the value of bitcoin is increase and contninue to grow. And i agree with you that bitcoin is stronger than died.
hero member
Activity: 1092
Merit: 523
December 26, 2017, 02:45:27 AM
#69
Buy bitcoin rightnow
Absolutely the best time to buy bitcoin. To me this is more like a Christmas gift for those who missed this price initially. Do not let it go away and just buy in now when you can because at the end, we will go back to keep testing where we were and even end up testing even more. For now, and in this year, bitcoin has really shown us that there are so many opportunities ahead to tap from and it will be bad if you lose the moment.
legendary
Activity: 1442
Merit: 1025
December 26, 2017, 02:37:49 AM
#68
if we think that the events of today are almost the same as the events of a year ago, maybe this is the Christmas trend and the new year that makes people must hold cash to celebrate.

i dont think its the same as the last years december because some people said that bitcoin has increased on the last december 2016 but bitcoin on this december 2017 has decrease dramatically due to the cause of correction however holidays season has also the other factor and reason on why bitcoin has going for a dip thesedays. yet it is still a win win situation for most of us because now is the perfect time to buy and horde more bitcoins.
Holiday or no holiday, bitcoin really had a very huge increase this year that normally nothing really warranted it except that some people just got so greedy but it is all good, it is not something that was not meant to happen anyway and it is not that it would remain the same way for life. Bitcoin will still increase in value over time, which is just normal.

There are only rumors that it is because of the holiday season whrre people are selling their Bitcoin to buy gifts for their selves. So transactions are getting high in that case which makes the demand and its value low. So probably it is the main reason.
Those are just some rumors that we all know it is not true. How much do you want to cash out to spend for Christmas, but whichever way, let us assume that was even the case, the gospel truth is that this would have happened and the way the whole thing happened anyway, really made some sense as this was really needed to be able to bring sanity back to the market.
legendary
Activity: 1288
Merit: 1036
December 26, 2017, 01:24:11 AM
#67
It is still trying to find its solid new base or support. I wouldn't buy at Bitcoin's current state.
I would not be surprised anyway if we still have some downward trend soon, but for now we just hope the base is around $15,000 and it won't go lower since it has been tested several times already and it seems it is still strong for now. I would still be very relaxed though so to be sure of a strong point to buy but for now, I bet one would just have to relax a little bit to see how the trend is going to be like.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
December 25, 2017, 08:02:53 AM
#66
Bitcoins price is going up and down. The price cannot just go up, there are several reasons for the price to go up or down. Now it looks like It's stabilizing around 14K, but it might fall down to 11K like it did a few days ago. But if you hold your bitcoins long enough, you'll make good gains. It's better not to keep staring at the volatile price, just hold and keep the faith.
newbie
Activity: 69
Merit: 0
December 25, 2017, 07:50:12 AM
#65
It is still trying to find its solid new base or support. I wouldn't buy at Bitcoin's current state.
full member
Activity: 445
Merit: 100
December 25, 2017, 07:49:00 AM
#64
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
No one is sure of why its market value is falling. There are only rumors that it is because of the holiday season whrre people are selling their Bitcoin to buy gifts for their selves. So transactions are getting high in that case which makes the demand and its value low. So probably it is the main reason.
member
Activity: 616
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Decentralized Ascending Auctions on Blockchain
December 25, 2017, 07:48:46 AM
#63
Bitcoin is a international business it has a graphics movement that monitored by the organizers of bitcoin on how the demand and supply being equal. When the demand is on the top so the price also will goes higher and when the demand goes lower the price also goes lower.
jr. member
Activity: 51
Merit: 2
December 25, 2017, 07:32:32 AM
#62
From my views towards the bitcoin there is no chance of price of bitcoin is going down because nows a days the popularity of bitcoin is countinously increasing day by day and demand of bitcoin towards the people is also increasing that's why the number of user of bitcoin is also increases so that the price of bitcoin is also increasing and there is very less chance to decrease in the price of bitcoin but the fluctuation in the price of bitcoin is always take place in the market.

Another perspective:

https://www.clivemaund.com/article.php?id=4444
Quote
Let’s not be churlish about this, however, it is important to give credit where it is due. Those who got in early on this Bitcoin mania are true geniuses who have every reason to feel proud of themselves, having made themselves a fortune from even relatively modest stakes. The problem for many such investors though is that they don’t know when to call it a day and jump ship – many overstay their welcome and end up losing most of their gains. If you, dear reader, are one of these fortunate individuals you should get the hell out with the minimum of delay and consider yourself lucky. Sure you might miss some more gains short-term, but when this thing goes down it will be a lot faster than the Hindenburg and leave behind a massive impact crater, as unbridled greed changes in a flash into visceral fear and blind panic and all the recent lemmings disappear straight over the cliff edge – it will go into freefall and bids will evaporate.

https://www.clivemaund.com/article.php?id=4456
Quote
There are hordes of young and not so young fools out there who are now “champing at the bit”, wanting to buy Bitcoin. They watched enviously as it rose into the Stratosphere, and now after last week’s smackdown, they can seize their chance to buy at a heavy discount from the peak price, thinking they have gotten hold of a bargain - ignoring the fact that this “heavy discount” is from a massively overinflated price. After all, “buy the dip” has worked like clockwork now for years, right? – and this is another dip, is it not? WRONG!! – this is not a dip, it is the initial plunge of a bearmarket in something that got insanely overbought and has now burned out.

IMO If you already made a nice profit of Bitcoin it wouldn't be bad idea to get your investment back and secure (some, if not all) gains. A common error in trading (specially for us, newbies) is not setting target prices. Once it reaches 15K you want 20K and then 25K and so on... but what if that never happens or if it happens after long time (remember BTC "correction" in 2014)? The crypto market is insanely volatile so caution is always advised.
sr. member
Activity: 420
Merit: 251
Moon?
December 25, 2017, 07:17:07 AM
#61

I think bitcoin drops because of the price correction.


You don't say! Who could have imagined Bitcoin would drop because of a price correction.  Roll Eyes Roll Eyes
member
Activity: 95
Merit: 10
December 25, 2017, 06:40:32 AM
#60
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

it is always go up and down this is normally Economics session.

don’t be worry bitcoin stronger than died
legendary
Activity: 1652
Merit: 1265
December 25, 2017, 06:05:15 AM
#59
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Don't worry!


This is my version of how it works after being here for > 4 years



Crazy people enter with crazy money.
Big whales artificially push down the price.
People get worried and sell with a loss.

... and now what will probably happen ...

Price will increase.
Few who stayed think they are winners and buy more.
Whales push down price to even lower low.
Even more people will now sell with a loss.
Price will stay low for a longer period aswell.
People think Bitcoin cannot recovers....
Most people cannot sustain the lower prices because they need the money.
The price recovers and gets ready for the next leg upwards.
full member
Activity: 756
Merit: 102
December 25, 2017, 04:39:12 AM
#58
if we think that the events of today are almost the same as the events of a year ago, maybe this is the Christmas trend and the new year that makes people must hold cash to celebrate.

i dont think its the same as the last years december because some people said that bitcoin has increased on the last december 2016 but bitcoin on this december 2017 has decrease dramatically due to the cause of correction however holidays season has also the other factor and reason on why bitcoin has going for a dip thesedays. yet it is still a win win situation for most of us because now is the perfect time to buy and horde more bitcoins.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 24, 2017, 03:28:46 PM
#57
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think one of the reason why bitcoin is dropping is because of the fork. But don't you worry. Drop is a part of bitcoin since bitcoin does not have a fix price. If it is not up then it is down.
What are you even saying? The fork that has been cancelled or the fake one that no one cares about which is organized by some group of scammers who  I refer to as assholes and punks. There is no reasonable fork happening and the only reason the market is taking a dip now is because the whales and the scared newbies are cashing out which I see as a huge correction we have all expected and I believe which was fueled by Roger Ver with his BCH pump. I hope he is happy now with his BCH. The market will find its way back at the end.
It’s not true bitcoin price is going high day by day and it’s all its not true statement’s about bitcoin because bitcoin is now very strong and stable currency in market with high price its demand is going high day by day there is also a very big support to bitcoin from rich countries which also help bitcoin in its price and also of countries are waiting for bitcoin in 2018 they will join next year which will take bitcoin price more high than ever.

   There were couple forks this month and I think one or two more are
announced for next couple days. That is why we have so many Bitcoin
gold, cash, diamond, silver, black, white.. you name it.
   Probably they are using Bitcoin popularity to trick people who are new
here. Later people will blame Bitcoin cause they lost money, cause I believe
most of this forked new alt-coins will be scams.
full member
Activity: 392
Merit: 105
December 24, 2017, 03:28:36 PM
#56
Volatility has been a constant feature in this market, so anyone who has at least a couple of years involved in this business should already be used to it. It is obvious that in the case of a newcomer it is a little harder to get used to it, and for that reason your fear is understandable, but rest assured that after this correction the bitcoin will continue stronger than ever.
member
Activity: 448
Merit: 10
December 24, 2017, 03:22:48 PM
#55
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think one of the reason why bitcoin is dropping is because of the fork. But don't you worry. Drop is a part of bitcoin since bitcoin does not have a fix price. If it is not up then it is down.
What are you even saying? The fork that has been cancelled or the fake one that no one cares about which is organized by some group of scammers who  I refer to as assholes and punks. There is no reasonable fork happening and the only reason the market is taking a dip now is because the whales and the scared newbies are cashing out which I see as a huge correction we have all expected and I believe which was fueled by Roger Ver with his BCH pump. I hope he is happy now with his BCH. The market will find its way back at the end.
It’s not true bitcoin price is going high day by day and it’s all its not true statement’s about bitcoin because bitcoin is now very strong and stable currency in market with high price its demand is going high day by day there is also a very big support to bitcoin from rich countries which also help bitcoin in its price and also of countries are waiting for bitcoin in 2018 they will join next year which will take bitcoin price more high than ever.
member
Activity: 1078
Merit: 12
December 24, 2017, 01:33:51 PM
#54
if we think that the events of today are almost the same as the events of a year ago, maybe this is the Christmas trend and the new year that makes people must hold cash to celebrate.
full member
Activity: 350
Merit: 105
December 24, 2017, 09:35:54 AM
#53
Don't panic because bitcoin has a volatile priced. Do not worry if getting down because we will know that bitcoin is very powerful nowaday's. This is the time we buy for our future. Don't regret again that we can't buy today. $13,000+ is good to buy.
sr. member
Activity: 714
Merit: 250
December 24, 2017, 04:54:27 AM
#52
My observation is that the level of $ 13,500 has become the psychological limit for people. When Bitcoin falls below $ 13,500, it falls down to $ 11k. Very big bitcoin sales are taking place. In case of panic, there is a further decline.


Bitcoin has actually hit $ 11k over the past few days, its volatility has really made many people feel nervous. I bet that many people have become panic sellers. This is why the value of bitcoin is out of control.
full member
Activity: 585
Merit: 100
December 24, 2017, 04:14:26 AM
#51
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Please tell me why you like this coin. Usually, when we find something like something, we'll learn more about it, so if you like bitcoin, I do not think this question should be asked here.
sr. member
Activity: 882
Merit: 282
December 24, 2017, 02:44:38 AM
#50
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Since you are new here you should not get worried when price of bitcoin get decreased but study to know when bitcoin is about to get decreased or get increase! The price cannot keep going up and at the same time keeping going down because it is a trade between strong bull and bear. When price is going up it means many investors are placing more buying order at a  higher rates than sellers and vice versa.
hero member
Activity: 980
Merit: 502
December 24, 2017, 12:39:36 AM
#49
From my views towards the bitcoin there is no chance of price of bitcoin is going down because nows a days the popularity of bitcoin is countinously increasing day by day and demand of bitcoin towards the people is also increasing that's why the number of user of bitcoin is also increases so that the price of bitcoin is also increasing and there is very less chance to decrease in the price of bitcoin but the fluctuation in the price of bitcoin is always take place in the market.
full member
Activity: 519
Merit: 101
December 24, 2017, 12:29:54 AM
#48
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think bitcoin drops because of the price correction. I am still not checking the bitcoin price today but yesterday when I checked it out it is around 14K USD. That only means bitcoin does not recover yet. Well bitcoin drop is always a part pf any crypto currencies because no crypto has a fix price. Since it is a part of crypto you or we have nothing to worry about. Just look on the other side and think about something good like "it is time to buy bitcion" . after this drop there could be a very high recovery coz bitcoin may now reach 20K USD or maybe more. Remember how fast it reach 10K up to 18K USD in the last week to 1st week of January? That how powerful bitcoin is.
legendary
Activity: 1386
Merit: 1058
December 23, 2017, 08:16:46 AM
#47
Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.
Yes, dump in the trading market as well the price correction might be the cause for the fall in value. This might soon tend to grow further reaching a bigger value crossing $20000 before the christmas days. At present the growth happening with bitcoin cash might gave created panic among the user community.
Now we are seeing the weaker hands trembling, the whales cashing out and the market taking a huge dip for it.
Things will get back to the right level and we will see the market back to where it was initially but for now this is a healthy one that we have all been expecting and I really hope the sanity can come back to the market than just seeing FOMOs getting in at any value they just want without thinking.

Honestly, it is like this is just the normal thing that happens at times like this, and then we end up getting a balance for a while and starting a run in the next year. However, I would not be surprised, because things have changed and those who cashed out for Christmas may end up coming back to meet it at a higher price. Right now is just a chance to buy more at this dip and look forward to some pretty good profit.
legendary
Activity: 1442
Merit: 1025
December 23, 2017, 01:40:53 AM
#46
Bitcoin will adjust downwards and then further increase to 20,000-25,000 USD. But many people will favor switching to the top 20 coin
Switching to top 20 coins will not work here bro, if you had taken a look at the charts of all of them, you will know by now that they are like the worst to even want to get in to as they are really taking a huge fall as well. There is always the thing with other alts following bitcoin with the trend whenever it is falling and that is the reason why you should just stay with bitcoin than trying to find solace in alts as you will experience the same fate.
sr. member
Activity: 719
Merit: 250
December 23, 2017, 01:26:26 AM
#45
My observation is that the level of $ 13,500 has become the psychological limit for people. When Bitcoin falls below $ 13,500, it falls down to $ 11k. Very big bitcoin sales are taking place. In case of panic, there is a further decline.

At this point that btc price going down I think resistance level is strong it will further rising. Most panic if they should sell or buy btc, in this moment the best also is to buy back of btc. Even the price falls down just hold anyway btc will soon to hit the big pump.
member
Activity: 248
Merit: 10
December 23, 2017, 01:12:46 AM
#44
Im also a newbie and I invested in bitcoin late so I think the price will recover. I have believe on bitcoin stability and its path to be success even the decline of price is huge. Bitcoin price is going down it will rising and hopefully next year there is good news to us.
hero member
Activity: 1400
Merit: 536
December 23, 2017, 12:25:10 AM
#43
My observation is that the level of $ 13,500 has become the psychological limit for people. When Bitcoin falls below $ 13,500, it falls down to $ 11k. Very big bitcoin sales are taking place. In case of panic, there is a further decline.
sr. member
Activity: 532
Merit: 255
December 22, 2017, 06:51:48 PM
#42
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think this is caused by everybody tries to sell bitcoin at the same time, and this is happening because of financial need, especially  the cost to enjoy the "Christmas And New Year" but impact on the fall in the price of bitcoin.
"I think that was a legitimate panic."

No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.

I completely agree with the your opinion, and personally I`m not worried about it.
Because, this decline is only temporary and will rise quickly early January 2018.
full member
Activity: 518
Merit: 145
December 22, 2017, 12:16:37 PM
#41
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think one of the reason why bitcoin is dropping is because of the fork. But don't you worry. Drop is a part of bitcoin since bitcoin does not have a fix price. If it is not up then it is down.
What are you even saying? The fork that has been cancelled or the fake one that no one cares about which is organized by some group of scammers who  I refer to as assholes and punks. There is no reasonable fork happening and the only reason the market is taking a dip now is because the whales and the scared newbies are cashing out which I see as a huge correction we have all expected and I believe which was fueled by Roger Ver with his BCH pump. I hope he is happy now with his BCH. The market will find its way back at the end.
newbie
Activity: 82
Merit: 0
December 22, 2017, 11:53:47 AM
#40
Buy bitcoin rightnow
full member
Activity: 378
Merit: 100
December 22, 2017, 11:49:12 AM
#39
the rise and fall in the art of life sometime we become happy to maximize our income and to minimize our expenses like all this the currencies are following up and down movements. all we know that before few days the price were increasing but we are looking that now the prices are coming down and we are ready to wait for the good time because we know that the bitcoin value will rise as soon as possible. you have to be motivated towards this side if you have some friends in the bitcoin community you must discuss it with them.
member
Activity: 182
Merit: 10
December 22, 2017, 10:51:57 AM
#38
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

I think one of the reason why bitcoin is dropping is because of the fork. But don't you worry. Drop is a part of bitcoin since bitcoin does not have a fix price. If it is not up then it is down.
member
Activity: 322
Merit: 10
December 22, 2017, 10:39:55 AM
#37
Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.
Yes, dump in the trading market as well the price correction might be the cause for the fall in value. This might soon tend to grow further reaching a bigger value crossing $20000 before the christmas days. At present the growth happening with bitcoin cash might gave created panic among the user community.
It not true bitcoin price is very high even today I check the price of bitcoin its price is very high and also its very stable then before and in next week its price will be more high so I will request to every one check the price of bitcoin every day because it can give you right direction some people are creating wrong information about bitcoin but it don’t make sense why they are doing so bitcoin is here to help us so we need to support bitcoin as much as we can.
full member
Activity: 552
Merit: 107
December 21, 2017, 02:13:58 PM
#36
It's rallying downtrend or it's still correcting, kinda confused tho. However, In the meantime it’s steadily dropping. I guess historically speaking, this would be a predictable point for a rebound. But this is a new ballgame. So many variables.
full member
Activity: 182
Merit: 147
December 21, 2017, 02:08:12 PM
#35
It's the Christmas season, it's really natural that it's prices would go down at this time since a lot of people are selling their Bitcoins for fiat to spend. Let's also consider that Bitcoin experienced a remarkable peak a few weeks ago that affected it's current state. It's volatility and sudden decline is normal, it will bring back the state of balance for Bitcoin. Just keep your faith in Bitcoin because sooner or later, Bitcoin would have it's rhythm back.
full member
Activity: 232
Merit: 100
December 21, 2017, 01:32:09 PM
#34
... It's not the first time that BCH has increased significantly at cost of Bitcoin, and it won't be the last time. ...

I´m not so sure, this could actually have been the last Bitcoin Cash pump in order to fool newbies
into buying this altcoin.

In order to pump BCH again they need some kind of catalyst like the surprise launch of
Bitcoin Cash trading at Coinbase. I can´t envision another event like this.

-I don´t see talks of a Bitcoin Cash ETF
-I don´t see talks of Bitcoin Cash futures
-I don´t see any plans for 2nd layer solutions
-I don´t see any plans to increase fungibility
-I don´t see big companies investing in BCH mining in order to decentralize the mining scene
-I don´t see the brightest developers in the world working on BCH code or BCH-related projects
...

Well no, Jolly Roger has quite a few tricks up his sleeve and he's definetely able to pull out a new pump and dump scheme out of thin air. Still, there is no substance behind bcash.
legendary
Activity: 2730
Merit: 1288
December 21, 2017, 01:29:48 PM
#33
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

In June 2011 price of Bitcoin was $30. Five months latter Bitcoin price was only $2. So putting it to today's prices. We could see bitcoin at $1500 half year from now and would not be anything unusual.  After every bull run come Bear trend. It happens half year as it did in 2011 or whole year as it did in 2014.   But what it matters that after each Bear trend comes time of stability and after that new Bull run.

It is pretty obvious we will see huge bear trend in 2018.  Question is only when and at what price will be ATH. And how long Bear trend will last and what will be lowest price of Bitcoin.  Last Bear trend low was $177.  So this Bear trend low could by my humble speculation reach to $4000.
sr. member
Activity: 531
Merit: 250
December 21, 2017, 12:31:39 PM
#32
If you're afraid, then you've probably invested too much. Bitcoin is always under attack, and always comes back stronger. HODL!
sr. member
Activity: 658
Merit: 282
December 21, 2017, 11:16:11 AM
#31
... It's not the first time that BCH has increased significantly at cost of Bitcoin, and it won't be the last time. ...

I´m not so sure, this could actually have been the last Bitcoin Cash pump in order to fool newbies
into buying this altcoin.

In order to pump BCH again they need some kind of catalyst like the surprise launch of
Bitcoin Cash trading at Coinbase. I can´t envision another event like this.

-I don´t see talks of a Bitcoin Cash ETF
-I don´t see talks of Bitcoin Cash futures
-I don´t see any plans for 2nd layer solutions
-I don´t see any plans to increase fungibility
-I don´t see big companies investing in BCH mining in order to decentralize the mining scene
-I don´t see the brightest developers in the world working on BCH code or BCH-related projects
...
legendary
Activity: 1232
Merit: 1091
December 21, 2017, 11:00:44 AM
#30
Demand and supply explains everything, and I can say that Bitcoin is asking for it. Btc.com's owner Bitcoin announced that it supports cash. For this reason Bitcoin cash has gained a lot of value. Btc.com's owner says Bitcoin cash is safer.

Bitcoin Cash has wealthy entities behind it capable of lifting that market up to record highs. They are buying their own orders up, and directly the market, which isn't them dumping their  Bitcoins for BCH, but them tricking noobs into thinking like that. It's nothing more than a game. If these entities would really end up selling all their Bitcoins, they would lose their significance in the Bitcoin market, and thus be major holder of a worthless altcoin -- they aren't that stupid to do so. Their wealth in Bitcoin grants them all these possibilities, and without it, they are nothing. It's not the first time that BCH has increased significantly at cost of Bitcoin, and it won't be the last time. They use the weaker momentum to strike, and that's something helping them till Bitcoin goes up again.
member
Activity: 127
Merit: 10
December 21, 2017, 09:56:58 AM
#29
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
I think price bitcoin don't down, it increase again
legendary
Activity: 1484
Merit: 1004
December 21, 2017, 08:08:22 AM
#28
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Too many factors that cause all this to happen.
Starting with many people selling btc owned,
until an issue that makes it restless so that it gives bad impact to bitcoin. Dude
but it will not last long, it will come back again as it was.
sr. member
Activity: 462
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
December 21, 2017, 05:46:48 AM
#27
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Demand and supply explains everything, and I can say that Bitcoin is asking for it. Btc.com's owner Bitcoin announced that it supports cash. For this reason Bitcoin cash has gained a lot of value. Btc.com's owner says Bitcoin cash is safer.
sr. member
Activity: 630
Merit: 272
December 21, 2017, 05:08:19 AM
#26
Now we see the same situation that was. In the early going on the attack on bitcoin. Creates a queue of uncommitted transactions (more than 200,000). Then the price of bitcoin is rolled back and starts to rise in price bch. After a few days the price bch will fall and we will see a rapid jump upward bitcoin. You have to be patient and wait.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
December 21, 2017, 04:48:42 AM
#25
Bitcoin will adjust downwards and then further increase to 20,000-25,000 USD. But many people will favor switching to the top 20 coin

nobody who really understands cryptocurrency ever favors moving away from bitcoin to any of the altcoins specially the top 20 coins be cause they are the most broken of all.

what they do is that they go there to participate in their pumps in order to increase their stake in bitcoin and they will dump each and every one of them to get out.
of course there are other newbies who fall for the fake advertisement and invest in them and become bag holders who lose money.
newbie
Activity: 57
Merit: 0
December 21, 2017, 02:33:30 AM
#24
Bitcoin will adjust downwards and then further increase to 20,000-25,000 USD. But many people will favor switching to the top 20 coin
sr. member
Activity: 476
Merit: 256
December 21, 2017, 02:15:14 AM
#23
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise


Usually bitcoin prices go up then other coins like bitcoincash and bitcoingold will go up and otherwise bitcoin price down then bitcoincash and bitcoingold prices go down but we can see bitcoin prices go down but other bitcoin even increases rapidly in price, this indicates that bitcoin price has started to reach its limit or people start choosing bitcoincash and bitcoingold as a good investment coin.
I'm not sure that you are right but I think like you. currently the number of delayed bitcoin transactions are very large. This required transaction costs are increased and today are very high. a lot of people complained about the transaction fees are too high and unconfirm. so surely more people will switch to other currencies because of the investment it's better bitcoin. to reduce transaction fees to some people have moved through the bitcoin cash


sr. member
Activity: 924
Merit: 255
December 21, 2017, 01:06:35 AM
#22
I think this has a something related with the coming of Christmas and New Year's day, most people would be more busy themselves for that, and not too busy with bitcoin/other cryptocurrency. But I'm still very sure.. it would bel moving towards higher again, let's see by over time.. if necessary doing a re-buy, it could be add to the chances of earning a more high profits.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
December 21, 2017, 01:02:42 AM
#21
Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.
Yes, dump in the trading market as well the price correction might be the cause for the fall in value. This might soon tend to grow further reaching a bigger value crossing $20000 before the christmas days. At present the growth happening with bitcoin cash might gave created panic among the user community.
full member
Activity: 258
Merit: 104
December 21, 2017, 12:38:06 AM
#20
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Why? Are you afraid of losing a few bucks? How much have you invested? $50? Came on.. You a newbie in here, you probably have just joined the party a few days ago (maybe weeks) and you are saying that bitcoin is going to die?

Came on x2, it was less than $8200 1 MONTH AGO.
legendary
Activity: 3038
Merit: 1169
December 21, 2017, 12:30:57 AM
#19
No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.

Yup! Corrections always occur when the certain ceiling had reach and I think that the $18,000 was it that is why it is already crumbling down, But we can see that there is a resistance going on right now but it will sure make a bullish trend when the correction had finish, that is why it is good to take this opportunity and buy for bitcoin when it is still cheap.
hero member
Activity: 1526
Merit: 596
December 20, 2017, 11:39:22 PM
#18
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

We are in a classic correction phase right now, it comes after the price has risen a lot over a very short amount of time and people tend to gravitate towards overbuying. This correction will stabilize bitcoin price at a lower level, and when it does stabilize for a period of time then another pump/dump will come.

Rigth now i think since we're still in 2017 and the whole year has been filled with absolute bullishness, we're going to see a pump after this correction rather than a dump. Don't get too worried about it since it probably is only going to be just a short term thing.

Wouldn't be that big of a risk to buy some right now to take advantage of the rebound, actually.

$16500 compared to the ATH near $20000 seems like a reasonable buying point to me for sure, with all the big names flowing into btc.
full member
Activity: 168
Merit: 100
December 20, 2017, 10:14:37 PM
#17
Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.
full member
Activity: 476
Merit: 107
December 20, 2017, 06:58:29 PM
#16
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
It is normal for bitcoin price to decrease sometimes since it is not always going up. It is just normal for it to dip when price have stabilized to a certain point after rise. I am also sure that when operation dragonslayer has been unfold, then you will be more worried about it since price will dump greatly when it  succeeded. The best thing to do now if you are into this for long term is to not look at price often. Come back and gather news here once a month if you are holding it for years.
member
Activity: 329
Merit: 14
December 20, 2017, 06:47:35 PM
#15
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
You worry too much precisely because you're newbie. Anyone who has been involved in this market for more than a year will know that volatility is the hallmark of this business, and those of us interested in making a living with cryptos have to learn to deal with this enormous volatility.
legendary
Activity: 1036
Merit: 1002
December 20, 2017, 06:37:48 PM
#14
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Don't worry mate price decreased and increased time to time which the people are selling their coins and wait for the demand for to increase again once the volume it up at the coins market then expect that bitcoin lrice will increased don't panic to sell all your bitcoin if you hold it you will be a blessed again into next increase of bitcoins just try your self and your guts as wellz
hero member
Activity: 798
Merit: 506
December 20, 2017, 06:33:18 PM
#13
Here a simple tip which makes you not worry at all; stop check bitcoin price every hour, every day 24/7.
If you do that, you won't feel worried at all, unless you are short-term traders.
Just believe in bitcoin, it will reach at least $50K-$100K in 2018 or even more, don't you happy about that?
So, just buy bitcoin as much as you can every month and keep your wallet safe, and then check the price by the end of 2018.
legendary
Activity: 1036
Merit: 1000
December 20, 2017, 06:26:35 PM
#12
Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!
lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.

You can LOL as much as you'd like, there are people who bought at $19900, these are the people who will lose their shirts come January 2018. You ain't seen nothing yet. 90% loss in-coming.
sr. member
Activity: 504
Merit: 250
December 20, 2017, 06:21:02 PM
#11
For now bitcoin price is down about $ 16 and certainly the factor is because of the increased bitcoin sales rate in the market. because some bitcoin users make sales for their preparation needs ahead of Christmas and New Year. and maybe the price of bitcoin drops to $ 12k before the beginning of the year and now it seems time to buy bitcoin.
full member
Activity: 182
Merit: 100
December 20, 2017, 06:00:31 PM
#10
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise


Usually bitcoin prices go up then other coins like bitcoincash and bitcoingold will go up and otherwise bitcoin price down then bitcoincash and bitcoingold prices go down but we can see bitcoin prices go down but other bitcoin even increases rapidly in price, this indicates that bitcoin price has started to reach its limit or people start choosing bitcoincash and bitcoingold as a good investment coin.
sr. member
Activity: 2506
Merit: 368
December 20, 2017, 05:51:58 PM
#9
Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!
lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.
sr. member
Activity: 1624
Merit: 267
December 20, 2017, 05:35:57 PM
#8
If you see the bitcoin pricr decrease it's normal because all coin experiencing the dumping price. But here's the things that is good after dumping price it will increase again and for sure not the current highest price but the new highest price. Better you gonna do right now is to buy more bitcoin so you can earn a lot of profit agin once the bitcoin price increase. But be careful because they bave chances the price decrease more so if you want to wait you can wait.
sr. member
Activity: 658
Merit: 256
Freshdice.com
December 20, 2017, 05:32:41 PM
#7
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
Maybe it has to do with the season. Practically, it we are in christmas season whereas people are in need of money to buy the things that they want or presents for their loved ones. So transactions are getting high which makes the demand low. As its demand is falling, same thing happens with its value. But surely, it will eventually increase, so just hold and wait.
newbie
Activity: 26
Merit: 0
December 20, 2017, 05:16:21 PM
#6
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

People is making margin profit over the trades, doing margin in between BCH and BTC
hero member
Activity: 3080
Merit: 603
December 20, 2017, 05:15:43 PM
#5
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

There's a lot of supply again in the economy because of the news out there about selling bitcoins. About the co-owner of bitcoin.com and other news that forced holders and traders to sell their bitcoin and this made bitcoin cash pumped again. Just like what happened the last time when there's a battle against bitcoin cash against bitcoin but still in the end bitcoin won the battle and it will happen again on this moment.
legendary
Activity: 1036
Merit: 1000
December 20, 2017, 04:47:22 PM
#4
Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
December 20, 2017, 04:44:48 PM
#3
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise

member
Activity: 140
Merit: 10
December 20, 2017, 03:14:41 PM
#2
No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.
newbie
Activity: 6
Merit: 2
December 20, 2017, 11:22:36 AM
#1
Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.
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